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Off market
  • Tax assessed value
    $589,020

    408 N 12th St, McAllen, TX 78501

    --beds
    0baths
    8,200sqft
    MultiFamily
    Built in 1965
    -- sqft lot
    $-- Zestimate®
    $72/sqft
    $856 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $856/mo

    Zestimate® history
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    What's special

    Great Investment Property. This income producing property is an 11-unit combination apartment complex located near the prime downtown McAllen area. Conveniently located on the corner of 12th St and Datepalm Ave with walking distance to the bus station, shopping, work, restaurants, Arts District, Archer Park etc. The seller has invested in many upgrades and improvements including recent electrical, plumbing, light fixtures, roof, floors, interior/exterior paint, etc. This nicely remodeled complex includes six 1-bedroom apts, four 2-bedroom apts and one 3-bedroom apt. Recently installed outdoor surveillance cameras. 100% occupied.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • None
    Features
    • Ceiling Fan(s)
    • Flooring: Tile, Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 8,200 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Carport
    Features
    • Patio & porch: Covered Patio
    • Exterior features: Stucco, Wood, Cement / Concrete
    Lot
    • Size: 0.32 Acres
    • Features: Curb & Gutters, Sidewalks, Corner Lot, Mature Trees, Alley
    Details
    • Parcel number: N540000031001100

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Other
    • Foundation: Slab
    • Roof: Other
    Condition
    • Year built: 1965

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Security
    • Security features: Smoke Alarm(s)
    Location
    • Region: Mcallen

    Other

    Other facts
    • Sewer: Public Sewer
    • Flooring: Tile, Laminate, Vinyl
    • LotFeatures: Curb & Gutters, Sidewalks, Corner Lot, Mature Trees, Alley
    • InteriorFeatures: Ceiling Fan(s)
    • AssociationYN: 0
    • FoundationDetails: Slab
    • Roof: Flat
    • NumberOfUnitsTotal: 6
    • ExteriorFeatures: Storage, Mature Trees
    • ConstructionMaterials: Stucco, Wood, Concrete Block
    • PropertyAttachedYN: true
    • NumberOfUnitsInCommunity: 6
    • Cooling: Window Unit(s)
    • NumberOfBuildings: 3
    • StoriesTotal: 2.00
    • ParkingFeatures: No Garage, No Carport
    • CoveredSpaces: 0
    • MaintenanceExpense: 5400
    • CommunityFeatures: Sidewalks, Street Lights, Curb & Gutter
    • PatioAndPorchFeatures: Covered Patio
    • Appliances: Electric Water Heater
    • InsuranceExpense: 3500
    • OtherExpense: 1800
    • SecurityFeatures: Smoke Alarm(s)
    • MlsStatus: Pending
    • GrossIncome: 74160

    Price history

    DateEventPrice
    5/1/2020Sold--
    Source: Greater McAllen AOR #329715 Report a problem
    3/28/2020Pending sale$475,000$58/sqft
    Source: RE/MAX Hacienda #329715 Report a problem
    3/5/2020Listed for sale$475,000+348.1%$58/sqft
    Source: RE/MAX Hacienda #329715 Report a problem
    8/25/2014Sold--
    Source: Agent Provided Report a problem
    6/6/2014Price change$106,000-4.5%$13/sqft
    Source: CENTURY 21 Muniz Realty #174508 Report a problem
    5/1/2014Listed for sale$111,000$14/sqft
    Source: Century 21 Muniz Realty #174508 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,783 -2.8%$589,020 +0.6%
    2024$11,097 -0.8%$585,558 -0.8%
    2023$11,188 +19.3%$590,265 +25.9%
    2022$9,378 +19.7%$468,922 +23.3%
    2021$7,834 $380,460 +14%
    2020-- $333,782 +12.3%
    2019$6,108 +1.5%$297,187 +6.4%
    2018$6,018 $279,186 +17.9%
    2017$6,018 +13.2%$236,892 +13.6%
    2016$5,317 +146.3%$208,456 +17.7%
    2015$2,159 $177,160 +110.2%
    2014$2,159 $84,280 -7.1%
    2013-- $90,693 +56.6%
    2012-- $57,922 -4.9%
    2011-- $60,875 -2.4%
    2010-- $62,353 -4.5%
    2009-- $65,304 -4.3%
    2008-- $68,259 -1.5%
    2007-- $69,310 +0.1%
    2006-- $69,219 -7.4%
    2005-- $74,718 +0.2%
    2004-- $74,601 +0.5%
    2003-- $74,198 +5.1%
    2002-- $70,613
    2001-- $70,613 -4.8%
    2000-- $74,160

    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Wilson
    • Middle: Travis
    • High: McAllen H.S.
    • District: McAllen ISD

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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